Speed Queen: Better than franchise

Starting a Speed Queen laundromat is a bit like starting a franchise … but without the downsides!

• Franchise investment

Opening a franchise is often seen as safer and more profitable than setting up a business from scratch. Brand awareness, extensive marketing support, initial training: all these factors are appealing to potential investors. However, these services are not paid for by franchisors: they are part of the franchisee’s fees … and these fees are often high so one should think twice before starting a franchise!